Xinhu Zhongbao Co Ltd

SHG:600208 China Real Estate - Development
Market Cap
$4.06 Billion
CN¥29.78 Billion CNY
Market Cap Rank
#5471 Global
#716 in China
Share Price
CN¥3.50
Change (1 day)
-1.69%
52-Week Range
CN¥2.51 - CN¥5.54
All Time High
CN¥5.54
Categories
Companies in China Real Estate - Development
About

Quzhou Xin'an Development Co., Ltd. engages in the real estate development, and financial service businesses in China. The company is also involved in technology investment business. It also develops commercial housing projects. The company was formerly known as Xinhu Zhongbao Co.,Ltd. and changed its name to Quzhou Xin'an Development Co., Ltd. in August 2023. Quzhou Xin'an Development Co., Ltd. … Read more

Xinhu Zhongbao Co Ltd (600208) - Net Assets

Latest net assets as of September 2025: CN¥42.06 Billion CNY

Based on the latest financial reports, Xinhu Zhongbao Co Ltd (600208) has net assets worth CN¥42.06 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥97.05 Billion) and total liabilities (CN¥54.99 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥42.06 Billion
% of Total Assets 43.34%
Annual Growth Rate 27.01%
5-Year Change 10.17%
10-Year Change 67.1%
Growth Volatility 62.42

Xinhu Zhongbao Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Xinhu Zhongbao Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Xinhu Zhongbao Co Ltd (1996–2024)

The table below shows the annual net assets of Xinhu Zhongbao Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥42.44 Billion -2.85%
2023-12-31 CN¥43.69 Billion +4.09%
2022-12-31 CN¥41.97 Billion +2.96%
2021-12-31 CN¥40.76 Billion +5.80%
2020-12-31 CN¥38.53 Billion +9.57%
2019-12-31 CN¥35.16 Billion +2.26%
2018-12-31 CN¥34.39 Billion +4.52%
2017-12-31 CN¥32.90 Billion +10.04%
2016-12-31 CN¥29.90 Billion +17.71%
2015-12-31 CN¥25.40 Billion +23.87%
2014-12-31 CN¥20.51 Billion +44.76%
2013-12-31 CN¥14.17 Billion +1.82%
2012-12-31 CN¥13.91 Billion +22.57%
2011-12-31 CN¥11.35 Billion +26.42%
2010-12-31 CN¥8.98 Billion +34.23%
2009-12-31 CN¥6.69 Billion +31.68%
2008-12-31 CN¥5.08 Billion +21.46%
2007-12-31 CN¥4.18 Billion +74.50%
2006-12-31 CN¥2.40 Billion +223.05%
2005-12-31 CN¥741.95 Million -5.60%
2004-12-31 CN¥785.94 Million -4.15%
2003-12-31 CN¥819.96 Million -21.74%
2002-12-31 CN¥1.05 Billion -0.27%
2001-12-31 CN¥1.05 Billion +8.58%
2000-12-31 CN¥967.59 Million +66.28%
1999-12-31 CN¥581.89 Million +163.86%
1998-12-31 CN¥220.53 Million +28.67%
1997-12-31 CN¥171.39 Million +226.50%
1996-12-31 CN¥52.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinhu Zhongbao Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2531460190870.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥25.31 Billion 60.41%
Common Stock CN¥8.51 Billion 20.31%
Other Comprehensive Income CN¥-491.77 Million -1.17%
Other Components CN¥8.57 Billion 20.45%
Total Equity CN¥41.90 Billion 100.00%

Xinhu Zhongbao Co Ltd Competitors by Market Cap

The table below lists competitors of Xinhu Zhongbao Co Ltd ranked by their market capitalization.

Company Market Cap
Magnite Inc
NASDAQ:MGNI
 		$1.68 Billion
Shanghai DZH Ltd
SHG:601519
 		$1.68 Billion
Marriott Vacations Worldwide Corporation
F:M8V
 		$1.68 Billion
First Commonwealth Financial
NYSE:FCF
 		$1.68 Billion
Meidensha Corporation
F:MW7
 		$1.67 Billion
ENTERPRISE FINL DL-01
F:GV9
 		$1.67 Billion
Sarepta Therapeutics Inc
NASDAQ:SRPT
 		$1.67 Billion
SSP Group PLC
PINK:SSPPF
 		$1.67 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xinhu Zhongbao Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 42,734,479,752 to 41,896,593,000, a change of -837,886,752 (-2.0%).
  • Net income of 1,015,740,933 contributed positively to equity growth.
  • Dividend payments of 2,070,529,975 reduced retained earnings.
  • Share repurchases of 150,525,962 reduced equity.
  • Other comprehensive income increased equity by 1,384,616,236.
  • Other factors decreased equity by 1,017,187,984.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.02 Billion +2.42%
Dividends Paid CN¥2.07 Billion -4.94%
Share Repurchases CN¥150.53 Million -0.36%
Other Comprehensive Income CN¥1.38 Billion +3.3%
Other Changes CN¥-1.02 Billion -2.43%
Total Change CN¥- -1.96%

Book Value vs Market Value Analysis

This analysis compares Xinhu Zhongbao Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.71x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 328.19x to 0.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.01 CN¥3.50 x
1997-12-31 CN¥0.03 CN¥3.50 x
1998-12-31 CN¥0.04 CN¥3.50 x
1999-12-31 CN¥0.12 CN¥3.50 x
2000-12-31 CN¥0.12 CN¥3.50 x
2001-12-31 CN¥0.12 CN¥3.50 x
2002-12-31 CN¥0.22 CN¥3.50 x
2003-12-31 CN¥0.22 CN¥3.50 x
2004-12-31 CN¥0.22 CN¥3.50 x
2005-12-31 CN¥0.22 CN¥3.50 x
2006-12-31 CN¥0.41 CN¥3.50 x
2007-12-31 CN¥0.75 CN¥3.50 x
2008-12-31 CN¥0.73 CN¥3.50 x
2009-12-31 CN¥1.04 CN¥3.50 x
2010-12-31 CN¥1.41 CN¥3.50 x
2011-12-31 CN¥1.60 CN¥3.50 x
2012-12-31 CN¥2.01 CN¥3.50 x
2013-12-31 CN¥2.10 CN¥3.50 x
2014-12-31 CN¥3.02 CN¥3.50 x
2015-12-31 CN¥2.91 CN¥3.50 x
2016-12-31 CN¥3.28 CN¥3.50 x
2017-12-31 CN¥3.78 CN¥3.50 x
2018-12-31 CN¥3.89 CN¥3.50 x
2019-12-31 CN¥4.07 CN¥3.50 x
2020-12-31 CN¥4.49 CN¥3.50 x
2021-12-31 CN¥4.75 CN¥3.50 x
2022-12-31 CN¥4.88 CN¥3.50 x
2023-12-31 CN¥4.98 CN¥3.50 x
2024-12-31 CN¥4.95 CN¥3.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinhu Zhongbao Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 2.42%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.16%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 2.32x
  • Recent ROE (2.42%) is below the historical average (9.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 9.83% 2.93% 0.49x 6.90x CN¥-86.56K
1997 13.56% 12.85% 0.32x 3.25x CN¥6.06 Million
1998 16.50% 5.54% 0.83x 3.58x CN¥13.30 Million
1999 9.75% 8.21% 0.57x 2.10x CN¥-1.44 Million
2000 6.59% 3.30% 0.52x 3.85x CN¥-19.70 Million
2001 6.74% 4.77% 0.39x 3.63x CN¥-19.66 Million
2002 2.46% 3.80% 0.15x 4.29x CN¥-46.87 Million
2003 0.69% 0.78% 0.21x 4.17x CN¥-57.48 Million
2004 1.06% 0.77% 0.34x 4.07x CN¥-55.44 Million
2005 1.13% 0.63% 0.42x 4.28x CN¥-54.86 Million
2006 11.88% 10.96% 0.29x 3.70x CN¥37.15 Million
2007 11.05% 13.85% 0.29x 2.75x CN¥39.41 Million
2008 18.73% 23.98% 0.25x 3.08x CN¥391.66 Million
2009 18.24% 18.03% 0.29x 3.48x CN¥519.53 Million
2010 18.40% 19.16% 0.29x 3.36x CN¥711.93 Million
2011 14.39% 21.04% 0.19x 3.61x CN¥429.23 Million
2012 18.37% 23.31% 0.21x 3.70x CN¥1.05 Billion
2013 7.62% 10.68% 0.16x 4.54x CN¥-306.88 Million
2014 5.63% 9.80% 0.16x 3.69x CN¥-840.16 Million
2015 4.81% 9.98% 0.13x 3.69x CN¥-1.25 Billion
2016 20.10% 42.85% 0.12x 3.84x CN¥2.93 Billion
2017 10.31% 18.98% 0.14x 3.87x CN¥101.20 Million
2018 7.45% 14.55% 0.12x 4.16x CN¥-855.72 Million
2019 6.25% 14.54% 0.10x 4.18x CN¥-1.29 Billion
2020 8.36% 22.94% 0.10x 3.59x CN¥-619.22 Million
2021 5.59% 13.24% 0.13x 3.31x CN¥-1.77 Billion
2022 4.51% 14.40% 0.10x 3.02x CN¥-2.26 Billion
2023 3.82% 9.48% 0.16x 2.59x CN¥-2.64 Billion
2024 2.42% 6.16% 0.17x 2.32x CN¥-3.17 Billion

Industry Comparison

This section compares Xinhu Zhongbao Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinhu Zhongbao Co Ltd (600208) CN¥42.06 Billion 9.83% 1.31x $1.67 Billion
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million